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...June 2008, it seemed to signal the end for one of the most ingenious and iconic innovations of the 20th century. Almost 60 years after American inventor Edwin H. Land sold the first Model 95 of his new instant-picture camera in Boston in November 1948, the troubled Polaroid Corp. halted its cassette-film production for good. Demand was still relatively high - the plant churned out 30 million cassettes in 2007 and 24 million in the first half of 2008 - but the plant had run out of its allocated amount of the chemical components needed to make its famous instant...
...Sears Holding Corp., which runs both the Sears and Kmart department stores, is running a Christmas promotion a full five months before Saint Nick leaves the North Pole with his reindeer. On both the sears.com and kmart.com homepages, customers are invited to "Shop Christmas Lane," and are directed to deals on holiday ornaments, stocking stuffers and other winter-related merchandise. The Christmas goods will also be on display in 372 Sears stores throughout the country; the promotion runs through July 25. (See pictures of crazy Christmas traditions...
...Australians, it is one thing to sell what lies underground to China, but rather another to let Chinese companies own Australian resources themselves. Twice this year, Chinese state-owned enterprises have snapped up major Australian mining stakes. But the biggest deal didn't go through. The state-owned Aluminum Corp. of China, better known as Chinalco, was supposed to take a $19.5 billion stake in Australian-British Rio Tinto, which controls, among other mines, vast iron-ore deposits in Australia. The bid sparked a huge controversy in Australia, with the political opposition running TV ads skewering any proposed deal...
...even if the trail does lead to North Korea, there's no reason to believe it ends there. Meyerrose, now with the consulting firm Harris Corp., points out that hackers routinely route their attacks through other countries and networks, using multiple cutouts to evade detection. "In every attack I've ever seen, the attackers were careful to use cybersurrogates," he says...
...Murdoch, whose News Corp. also owns the New York Post, the Wall Street Journal and Fox Broadcasting, denies that he had any knowledge of the payments. "If that happened, I would know about it," he told Bloomberg News on July 8. (See pictures of Murdoch...